Search ResultsShowing 31 - 40 of 100+ results for "Kenneth Hayne"
ASIC dismisses Royal Commission insider trading reports
ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... after the Labor party suggested insider trading was responsible for bank stocks rising immediately on the back of Kenneth Hayne's report. Senator Peter Whish-Wilson asked if ASIC was investigating "whether there was any irregular trading on 4 February ...
Frydenberg takes action on banning grandfathered commissions
HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...
ClearView defends risk advice commissions
KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ClearView is countering Commissioner Kenneth Hayne's recommendation to reduce or eliminate commissions financial advisers earn from life insurance products. It is "way too early," ClearView wrote in an email to advisers, to consider tinkering with ...
Indigenous super access needs improvement
KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... and if the work on improving identification procedures is filtering down to frontline staff. Citing Commissioner Kenneth Hayne, Scheerlinck said ATSI people encounter needless difficulties in identification and binding death nominations, and there is ...
Zero tolerance approach to poor culture needed
KARREN VERGARA  |  MONDAY, 18 MAR 2019
The newly appointed lead of APRA's capability review is taking a no-nonsense approach to fixing poor behaviour and getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) ...
NFP super funds rise to occasion post-Royal Commission
KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... expectations, were not referred to the regulator for further investigation. Scheerlinck said this move by Commissioner Kenneth Hayne shouldn't be dismissed as it ultimately shone a light on areas for improvement. "All of us need to be aware the practices ...
Mortgage broker trail commissions to stay
KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... not the lender, should pay the mortgage broker a fee for acting in connection with home lending," Commissioner Kenneth Hayne recommended. "Changes in brokers' remuneration should be made over a period of two or three years, by first prohibiting lenders ...
Consultation opens for claim handling changes
HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... removing the exclusion and therefore the Government has opened consultation. A recommendation from Commissioner Kenneth Hayne in the Royal Commission's final report earlier this year , the change would allow ASIC to enforce a higher standard of behaviour ...
YBR in trading halt, flags loss
KARREN VERGARA  |  MONDAY, 4 MAR 2019
... mortgage brokers and other commissions for new loans. This should be enacted within two or three years, Commissioner Kenneth Hayne said. "The borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending." ...
New ASX governance principles target culture
KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...
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